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Scooter's Coffee 10755 W Camelback Rd 666 SF Retail Building Phoenix, AZ 85037 $1,444,444 ($2,168.83/SF) 4.50% Cap Rate



Investment Highlights
- Scooter’s Coffee, founded in 1998 in Bellevue, Nebraska, operates more than 900 locations across 32 states.
- The subject property is located nearby Camelback Ranch (spring training home of the LA Dodgers and Chicago White Sox).
- Located in Rapidly Growing West Valley Submarket with Sustained Population Growth
- The tenant is responsible for all expenses providing an investor with passive income and no landlord responsibilities.
- Positioned along West Camelback Road with immediate access to Loop 101 (Agua Fria Freeway), providing regional connectivity to Downtown Phoenix
- The property benefits from strong accessibility to State Farm Stadium, Desert Diamond Arena, and the Westgate Entertainment District
Executive Summary
David Harrington
License # BR715518000, CO701910000 (AZ)
Matthews Real Estate Investment Services, Inc
4110 N Scottsdale Rd Suite 100, Scottsdale, AZ 85251
(866) 889-0550
License # BR715518000, CO701910000 (AZ)
Matthews Real Estate Investment Services, Inc
4110 N Scottsdale Rd Suite 100, Scottsdale, AZ 85251
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
666 SF
Building Class
B
Year Built
2023
Price
$1,444,444
Price Per SF
$2,168.83
Cap Rate
4.50%
NOI
$65,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
0.53 AC
Zoning
C-2
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Accommodation and Food Services
- -
- -
- -
Scooter's Coffee began in 1998 when Don and Linda Eckles opened the first drive-thru coffeehouse in Bellevue, Nebraska. The company built a business around drive-thru coffeehouses, franchising, roasted coffee, and a menu that includes hot and cold drinks plus food items such as pastries, burritos, and sandwiches. Scooter's Coffee has expanded into a broad U.S. coffee chain with a franchise-led model and a focus on quick service and specialty coffee beans.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
Accommodation and Food Services | - | - | - |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
20/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 102-58-924A | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $47,955 |
Property Taxes
Parcel Number
102-58-924A
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$47,955
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Scooter's Coffee | 10755 W Camelback Rd
